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Published on Tuesday, November 8, 2022

Mexico | Economy out of this world

Summary

The space economy is one of the markets with the largest potential. Mexico must search for a way to be part of it. Manufacturing and human capital could be the route map.

Key points

  • Key points:
  • The US space economy accounted for $125.9 billion of real GDP in 2019.
  • Aerospace and electronic industries are two ways for Mexico to be in this value chain.
  • Given the limitations of physical capital, human capital can be another way for the incorporation of Mexico.

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Documents and files

Press article (PDF)

ArtPrensa_SamuelVazquez_08Nov22.pdf

Spanish - November 8, 2022

Authors

SV
Samuel Vázquez BBVA Research - Principal Economist
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